JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility

JPMorganLeading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased volatility the asset has faced […]

Crypto Trading Platform Bitmex Reveals Exchange Token Called BMEX, Airdrop

Crypto Trading Platform Bitmex Reveals Exchange Token Airdrop Called BMEXThe crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins and ten tethers. Bitmex to Airdrop BMEX Tokens to Registered […]

Bitmex Co-Founder Arthur Hayes Recommends “Wait and See” Approach for Cryptocurrency Investors

arthur hayesBitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold on until new signals emerge next year. Arthur Hayes Analyzes the Current […]